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The Insolvency and Bankruptcy Code 2026: Major Implications for Lenders & Investors

A decade after India’s Insolvency and Bankruptcy Code (IBC) changed the approach to corporate insolvency and debt recovery, the 2026 amendments introduce a new set of reforms aimed at improving efficiency, reducing procedural disputes, and strengthening the implementation of resolution plans. The Insolvency and Bankruptcy Code (Amendment) Act, 2026, arrives at a time when insolvency…

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After a Year With a New Owner, On The Border Closes Corporate Stores and Files for Liquidation | Franchise News

Pappas Restaurants said last year it saw “tremendous opportunity” with On The Border Mexican Grill & Cantina. Generally, the Mexican category is performing well with strong AUVs and newcomers entering the space. A year after Pappas Restaurants bought On The Border Mexican Grill & Cantina out of bankruptcy, the franchisor filed for Chapter 7 liquidation.…